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20130113
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English 73
Search Results 0 to 49 of about 73 (some duplicates have been removed)
ABC
Jan 14, 2013 11:00am PST
congress to act now on raising the debt ceiling or face an economy that could go haywire in a few months. the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vi
KOFY
Jan 14, 2013 11:30am PST
on raising the debt ceiling or face an economy that could go haywire in a few months. the president held the last news conference of the first term focusing on the economy and calling on congress to allow more borrowing authority up against the debt ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden w
FOX News
Jan 14, 2013 8:00am PST
. showdowns over the debt ceiling and gun control. heather: wendell goler is live for us at the white house. good morning, wendell. why is the president holding a news conference now? >> reporter: well, heather, as john said it is the last week of the president's first term and wants to talk about the issue likely to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address
CSPAN
Jan 15, 2013 7:00am EST
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
MSNBC
Jan 14, 2013 4:00pm PST
tough ahead of the next big fight with congress over the debt ceiling. >>> the president said vice president biden has presented him with a list of common sense steps to prevent gun violence. but the biggest question is how much of it the administration can actually get passed through the congress. >>> and watching last night's golden globes, one thing was clear to me, america once again feels good about itself. we've got a new sense of optimism, and the movies show it. >>> the latest attack on science by a republican member of the house science committee. what a strange name for that crowd. that's in the "sideshow" tonight. and this is "hardball," the place for politics. zzzquil™ sleep-aid. it's not for colds. it's not for pain. it's just for sleep. because sleep is a beautiful thing™. ♪ zzzquil™. the non-habit forming sleep-aid from the makers of nyquil®. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great id
FOX Business
Jan 14, 2013 9:20am EST
to use the he 14th amendment to bypass congress and go over the debt ceiling. here is what nancy pelosi said about it, and i'm quoting directly, i would use the 14th amendment. which said that the united states will always be paying. i would just go do it. the judge weighs in on the 14th amendment later this hour and coming up right after the opening bell, we'll have art laffer with us, former reagan economic advisor. what happens if we ignore the debt ceiling? i've got big news and a major hit for apple's iphone. weak demand forces the company to cut orders. samsung is the new kid on the block with the galaxy. find out how apple opens after the upcoming break and congress says that climate change is it here and it's our fault. is a carbon tax coming? yeah, art laffer on that, too, apple may be below 500 bucks a share, we'll tell you. we've got it all. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a ful
CNN
Jan 14, 2013 9:00am PST
the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. because this is about paying your bills. everybody here understands this. i mean, this is not a complicated concept. you don't go out to dinner and then, you know, eat all you want, and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way the american people do. you don't -- now, if congress wants to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should have. but you don't say, in order for me to control my appetites, i'm going to not pay the people who already provided me services. people who already lent me the money. that's not showing any discipline. all that's doing is not meeting your obligations. you can't do that. and that's not a credible way to run this government. we've got to stop lurching from crisis to crisis to crisis when there's this clear path ahead of us, that simply requires some
MSNBC
Jan 19, 2013 12:00pm PST
ceiling, the house gop considering on raising the debt limit. we'll bring you more details and the senate judiciary committee, patrick leahy announced he'll be taking up issues of gun violence and immigration in the new term. republicans and democrats recently announced senate committee assignments and we'll talk about that as well. this afternoon the president kicked off the national day of service volunteering at a school here in the d.c. area. tomorrow he will take the oath of office in a private ceremony at noon. nbc's kristen welker is at the white house. nbc news senior political editor mark murray standing by with new insight from the new nbc news wall street journal poll. let me start with you. for folks who may not get this, a lot of folks wondering why is the president -- he's going to be sworn in on sunday and sworn in again on monday. what's the deal? >> reporter: well, craig, the reason is that the constitution states that the president has to be sworn in before noon on january 20th. january 20th falls on a sunday this year. it's the seventh time that happened in the nation's
MSNBC
Jan 14, 2013 1:00pm PST
, january the 14th, and the president, as toure just satisfied, won't back down on the debt ceiling or on gun safety. >> what should we be doing to make sure that our children are safe? >> they're not going to be able to get an assault weapons ban through this congress. >> i see no need for bushmasters in the hands of an individual person who might be deranged. >> how about a clip? >> i think -- i don't think ultimately they're going to get that either. >> never before have we seen our babies slaughtered. on just guns alone will in the in the political reality we have today will not go anywhere. never before have we seen our babies slaughtered. >> what's wrong with universal background checks? >> we're wasting our time going in that direction when we should be talking about doing away with the gun-free zones. >> do you think you have enough support on capitol hill to keep an assault weapons ban from passing? >> i think right now we do. >> there is a step we can take that will save even one child from what happened in newtown, we should take that step. ♪ you really ought to know
FOX News
Jan 14, 2013 10:00am PST
on this issue. >> as you well know, sir, finding votes for the debt ceiling can sometimes be complicated, you yourself as a member of the senate voted against the debt ceiling increase, and in previous aspects of american history, president reagan in 1985, president george herbert walker bush, and president clinton, deals contingent upon raising the debt ceiling and you yourself, related to debt or budget related maneuvers. and what many people are curious about the new adamant desire on your part not to negotiate that seems to conflict with the entire hire in the modern era of the presidents and the debt ceiling and your own debt ceiling and doesn't it suggest we're going into a default situation because no one is talking to each other about this. >> no, major, i think if you look at the history. getting votes for the debt ceiling is difficult and votes in in town are difficult. i went through this last year. what is different we never saw a situation like we saw last year in which certain groups in congress took such an absolutist position that we came within a few days of defaulting. >> lo
MSNBC
Jan 14, 2013 2:00pm PST
republicans not to play politics with the debt ceiling. here is some of what he had to say. >> raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. if congressional republicans refuse to pay america's bills on time, social security checks and veterans' benefits will be delayed. we might not be able to pay our troops our honor our contracts with small business owners. markets could go haywire, interest rates would spike for anybody who borrows money, every home own we are a mortgage. it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president hass got to get past the debt ceiling in order to achieve his second term agenda but how does he do it when some republicans are threatening shutdown. chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the battlefield. he's basically
MSNBC
Jan 14, 2013 7:00am PST
's going to start off talking about the debt ceiling. he'll call for republicans to raise it without a fight. but several gop members have already said the debt ceiling is going to be where they draw a line in the sand. >>> check out the first page of politico this morning. double trouble. house gop, eyes default, shutdown. and it talks about the very real possibility that house republican members want to see the government shut down or default if they don't get the cuts they want. >>> let me bring in "times" deputy bureau chief ed o'keefe. good morning to both of you. this is all just breaking now, but the president has said and he said it consistently. he's not negotiating over the debt ceiling. michael, is this more of what we're going to hear from him today? is he going to lay the groundwork for the battle ahead? >> i think so. to some degree i think what's happening is a game of chicken unfortunately. i know the financial markets hate it. and it kind of turns your stomach a little bit. but obama has said we're absolutely not negotiating over the weekend a significant event when
FOX News
Jan 15, 2013 10:00am PST
warnings about the u.s. credit rating and the debate over the debt ceiling. why some think this could mean new hope for a minting a trillion dollar coin we could use to pay our bills. we thought that was settled. maybe not. and this high school principal is in hot water after trying to connect with students with a video that he says was meant to be a parody. we'll push play and you decide. and a reporter yesterday challenged the president about whether he's doing enough to reach out to republicans and trying to negotiate the big deal he says he's looking for. we'll show you his response and look at what that could mean for the gun debate, the debt ceiling and the rest. >> most people who know me know i'm a pretty friendly guy. and i like a good party. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. turn your world upside down with gillet
NBC
Jan 14, 2013 7:00am PST
a statement on the debt ceiling. >> because the debt ceiling is the fight coming up next, as you know, brian, and everything the president would like to do at the start of that second term including new gun laws, immigration reform, energy. all those things will really be locked into place unless he can get some agreement on the debt, the president said he won't negotiate with congress about the debt ceiling, but we could be headed to another standoff, another kind of fiscal cliff similar to what we saw last summer unless that can be resolved. the president wants to get ahead of that, really put the responsibility on republicans in congress and make it clear he just doesn't want to budge. >> keep in mind the president will walk behind you any moment. there is a very thin line between leverage coming off an election and lame duck status, and the president has a robust agenda for this term number 2. >> it is, and the first year of second terms are the ones you have a shot as sitting president to have the most productive parts. but i want to go back and emphasize something david said, and that
FOX News
Jan 13, 2013 9:00am PST
the power to ignore the debt ceiling. >> shannon: all right sm. democrats are pointing to a section that reads that the validity of the public debt of the united states should not be questioned. they say, based on that, they would support president obama, in raising the debt ceiling without congressional approval. joining me now to talk about that and many other thicks, former mississippi governor, republican, haley barbour. thank you for coming in. >> i hope the president doesn't try to do that. to try to take away from the congress the power that the constitution directly gives the congress. that is the power to -- to spend, the power to control the debt. i know that the treasury department has announced they are not going to do it. i hope they stick to that decision because this is -- we should never have a situation where one person-- the president -- can put our country deeper, deeper, deeper in debt. we are doing a bad job of that now. it would be really bad if it was not -- if the congress let their control go. >> shannon: you saw the white house press secretary says it is no
MSNBC
Jan 15, 2013 6:00am PST
and they will be able to meg officiate on the debt ceiling. you about want to find a way out of getting boxed in on the debt ceiling themselves, believing a fight over funding the government is a much better political fight for their party. here's congresswoman marsha blackburn yesterday. >> i think there is a way to avoid default. if it requires shutting down certain portions of the government, let's look at that. >> yesterday the president sounded almost resign to the idea a government shutdown is probably coming up. >> if the republicans in congress made a decision they want to shouldn't down the government in order to get their way, then they have the -- votes at least in the house of representatives probably to do that. i think that would be a mistake. and it would be profoundly damaging to our economy. >> once again, what the white house was trying to signal on debt limit in government shutdown is this. they are not going the try to help republicans find a way out of it. they have to own debt limit and republican leaders know they need to move off of debt limit. they are trying to find
CSPAN
Jan 15, 2013 1:00am EST
coming up is the so-called debt ceiling -- something most americans hadn't even heard of before two years ago. i want to be clear about this. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. if congressional republicans refuse to pay america's bills on time, social security checks and veterans' benefits will be delayed. we might not be able to pay our troops, or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear material wouldn't get their paychecks. investors around the world will ask if the united states of america is, in fact, a safe bet. markets could go h
FOX
Jan 14, 2013 7:00am PST
the government hit the debt ceiling at the end of december, but treasury secretary tim geithner was able to extend government funding through february 15. republicans want big spending cuts in exchange for raising the borrowing limit. president obama says he will not negotiate with congress paying its own bills. >>> did you see a big difference? the first paycheck of the new year brought surprises and raised eyebrows for at love people all over the country. as pam cook reports in our newsroom, it's not a good surprise, pam. it's expected to have a big impact on the economy. >> reporter: yes, it is. the country did not fall off that fiscal cliff but as a result, some people say it feels like their personal budgets did. the federal compromise means tax breaks for social security and medicare expire. for singles earning $200,000 a year, couples earning $250,000 a year, that translates to about a 2% cut to their take- home pay. one man said he and his wife are losing nearly $300 a month. that's their car payment or groceries for the month. the nonpartisan tax policy center estimates that 77%
CSPAN
Jan 17, 2013 6:00am EST
as they share their thoughts on entitlement reform, the e erasing of the debt ceiling -- the raising of the debt ceiling and sequestration. this is just getting underway. [applause] >> well, good morning. thank you, raymond. and thanks to all of you for making it through the snow drifts. glad you all arrived safely. one flake of snow, and washington closes down. well, we're very excited about the new year. our partnership with the chamber and this morning's program featuring senators kent conrad and judd gregg. before we start our program, i'd like to recognize our sponsors, bdo represented by david trimner. if bdo could, please, stand and be recognized. [applause] all right. the broadmoor remitted by hover -- represented by lori meacham. lori, if you could -- [applause] and ceo update whose editor-in-chief is recovering from a bad case of the flu, so she is not here. bdo is the leader in accounting and consultancy services for associations, the broadmoor is the number one resort property for associations looking for a five-star meeting experience. i've got great memories, i remember my first ex
MSNBC
Jan 14, 2013 12:00pm PST
debt ceiling. >> it would be a self inflicted wound on the economy, it would slow down our growth. might tip us in to recession. and ironically, would probably increase our deficit. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. we are not a deadbeat nation. >> thank goodness. but next, news flash, we already hit the ceiling two weeks ago. and the treasury's been using, quote, extraordinary measures to pay its bills. what does that even mean? the money shuffle can't last forever. the u.s. is out of money to pay its bills, it's already spent in less than four weeks. i have cousins that do that. they play to hold the debt ceiling hostage. aides say half the conference is ready to let the nation default. speaker boehner will school them on the real threat later this week. even a temporary extension for, say, two or three months could rattle the markets and threaten the nation's credit rating. last time they hashled out a debt deal? summer of 2011 and we ended up more than a trillion dollars in mand
CBS
Jan 14, 2013 7:00am PST
's going to focus in his opening remarks on the debt ceiling. of course, also gun control and the chuck hagel for defense secretary nomination might come up. after a week of white house gun violence meetings, it's not clear if the president will seek to reinstate a ban on assault style rifles. even if he does opposition is hardening. >> do you think an assault weapons ban can pass the congress? >> no. >> do you think it should? >> no. >> reporter: west virginia democrat joe manchin, who sounded open to new gun control measures immediately after the newtown massacre now wants a slow moving washington commission. >> if you just want gun bans you're wrong. >> what do we need? >> we need a comprehensive approach. >> reporter: with sales of firearms that congress might ban now sky rocketing, a top senate democrat called for a voluntary moratorium. >> if we continue to see nearly 80,000 gun sales each month in states all over the country, it's going to be counterproductive to whatever solution we will implement. >> reporter: the new york legislature sped towards passa
ABC
Jan 14, 2013 7:00am PST
marker on that issue of the debt ceiling. will it hit of how much it can borrow. the president says that congress must raise it. he will not negotiate. it's their responsibility. that puts the president squarely at odds with the president. they'll demand spending cuts before raising that ceiling. the president will not engage in negotiates, period. it's simply congress's responsibility to act. >> he's ruled out any unilateral work-around. >>> an element of here we go again. >> it certainly does. so many times, back in august 2011, again, just before the end of this year, the president in pa major confrontation with congress over fiscal issues, taxes and spending and debt. >> you're looking at the door slightly ajarred to the green room, right next to the east room, and the president has been gathering there, we noticed that he postponed this press conference a couple of times this morning. a few delays. >> supposed to be around 11:15. we're almost half-hour after that. not quite. the president could face questions about personnel in the second term. he's facing a big fight with his
MSNBC
Jan 18, 2013 7:00am PST
to face the tax issue, as well. it's not just raising the debt ceiling that he's going to have to deal with. but he's going to have to negotiate with the republicans and perhaps try to change the tax code. all of these things are things he's already signaled he wants to do. what's fascinating is that this is a president who wanted to be a domestic president in the last -- in his first term and he was saddled with an economic situation and two wars to deal with. now is a shot to be that domestic president and make some really big change. but he's going to have to work with republicans in the house in order to get big things accomplished. >> and clearly what he wants to do is have some influence on voters. and though the official announcement is expected today, we do know that obama for america is going to become this nonprofit supporting his agenda. what kind of influence could this have? >> well, i think if you're an obama supporter, you hope it has more influence than it did or what they tried to do during his first term. they talked a lot about this leveraging his campaign which ever
CNN
Jan 15, 2013 1:00pm PST
illustrate why we are going to have the big fights over the next couple of months to raise the debt ceiling and two-thirds of the republican caucuses voted for this. they want to send a message that they really, really needed it, that they want to cut spending for every doll they put out there, even on disaster relief, which historically has not been required to have an offset. >> and definitely has ruffled feathers in the last congress. all of our viewers i'm sure will rememb how new jersey governor chris christie didn't hold back in showing how angry he was at congress, the house, and specifically speaker boehner when the vote was delayed last time. listen to him. this is on january 2nd. >> new jersey deserves better than the due police tea we saw displayed last night. america deserves better than just another example of a government that has forgotten who is the to serve and why. 66 days and counting. shame on you. shame on congress. >> when you listen to that and when you listen to the house floor and sound bites before , s what you're saying why speaker boehner did what he did in the v
CSPAN
Jan 14, 2013 12:00pm EST
the debt ceiling, or exercise the responsibility that they have kept for themselves and raise the debt ceiling, because this is about paying the bills. this is not a complicated concept. you do not go out to dinner and then eat all you want and then leave without paying the check. if you do, you are breaking the law. congress should think about the same way the american people do. if congress wants to say maybe we should go to a more modest restaurant, that's fine. in order to curb our appetite, we're not going to pay the people who already provided the insurance, already front of the money. that is not showing any discipline. that is just not meeting obligations. you cannot do that. that is not a credible way to run the government. we cannot going from crisis to crisis when there is a path in front of us that require stability and compromise. that's how this goes. that is how this needs to work. >> thank you, mr. president. binding votes for the debt ceiling can sometimes be complicated. in previous aspects of american history, president reagan, president h. w. bush, president clinton
CNN
Jan 19, 2013 5:00am PST
're not worrying about re-election. you saw that, for example, in the debt ceiling fight. first debt ceiling fight in 2011, the president could not go to the brink, because he was worried if they went over the brink -- >> sure. >> -- economic downturn, you don't win. now you can take a harder line. on the other hand in a second term there's often the sense that you have a narrow window on domestic issues with congress, probably about a year, maybe two at the most to get things done and then your attention usually turns more to foreign policy. but the biggest thing is that 1600 pennsylvania avenue is kind of a dangerous neighborhood. if you hang around there long enough, the odds start going against you. often the second term has been very tough for presidents. we'll see if this one can avoid that precedent. >> never heard it described that way. dangerous neighborhood. dangerous territory. >> yes. >> ron brownstein, nice to see you this morning. thank you very much. >>> next hour, what are we missing? is there an issue that no one is talking about now that will define the president's second term? w
CSPAN
Jan 17, 2013 1:00pm EST
of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. but i didn't come here to talk about any of those important subjects today, because as important as they allr today we have a more urgent and immediate call and that is how to deal with the epidemic of gun violence in america. you all know the statistics better than anyone so i'm not going to repeat them. on that score, i owe an incredible debt of gratitude to you at the head table and those of you in the room. i know we don't have you nan hit in this ballroom nor do we in any ballroom, but we all acknowledge that we have to do something. we have to act. and i hope we all agree, there is a need to respond to the carnage on our streets and in our schools. i hope we all agree that mass shootings like the one we witnessed in newtown 34 days ago cannot be continued to be tolerated. that tragedy has affected the public in a way i have never see
CNN
Jan 14, 2013 1:00pm PST
for raising the debt ceiling. the house of representatives is back in session today, too, and republicans are just as adamant, insisting they won't raise the debt limit, unless the president goes along with spending cuts. let's go live to cnn white house correspondent brianna keilar. >> reporter: president obama stating very clearly today that he will not negotiate deficit reduction, tax increases and spending cuts attached to the debt ceiling. this of course does follow that bruising battle the year before last, where he did negotiate on the issue, and the u.s. nearly went to the brink of default. he said that congress has to pay the bills that it's already racked up. >> you don't go out to dinner and then, you know, eat all you want and then leave without paying the check. and if you do, you're breaking the law. and congress should think about it the same way that the american people do. you don't -- now, if congress want, to have a debate about maybe we shouldn't go out to dinner next time, maybe we should go to a more modest restaurant, that's fine. that's the debate that we should ha
CSPAN
Jan 14, 2013 10:00am EST
president obama is holding the last news conference of his term. they're looking to raise the debt ceiling of which stands at $16.40 trillion. he may also talk about the war in afghanistan. you can watch your remarks frigid his remarks live here on c-span. in the meantime, some of the headlines in this morning's "washington journal." >> been morning to you. i want to start with a story. video tames -- games kick short trips. we will reach you that. president obama promised and all of the above examination of gun violence. we want to get your take on what you think those solution should be. we are are they getting comments on the facebook page. i want to read a few of those for you now. host: we will take your calls this morning in the first 45 minutes, but first want to play you a segment from the state of the union. this is congresswoman marsha blackburn, talking about the role of violent video games. [video clip] >> i watched a couple of these of violent video games to you ready for this segment and i was astounded with some of the things i was seeing on call to duty. we know the norway
CSPAN
Jan 15, 2013 8:00pm EST
yesterday talking about the debt limit, debt ceiling. he's talked about our economy. i think it's worth noting that since 1923, when the president was required to furnish a budget in a time deadline given for furnishing that budget, 90 years, 90 years the president is required by law to furnish a budget. since 1923 those, those ensuing 90 years, there were apparently 11 times when presidents have been unable to get the budget to congress as required by law. and most of those -- well, some of those 11, there were very good reasons. but it's interesting to note in the last 90 years, out of the 11 times that the budget from the president has been late, four of those 11 have been under the obama administration. we're also informed that there is a chance once again, like there was a year and a half ago, that our credit rating of the u.s. could be lowered again. by another credit rating agency. some have tried to paint it as a different story, different picture, but for those of us who recall what happened, s&p made it clear that they didn't believe that the united states was serious about de
Current
Jan 15, 2013 3:00am PST
more people care about that issue than the debt ceiling. >> bill: they get too full of themselves. the problem with the front row particularly the press corps is they represent different networks. they all want to talk about let's say, for example guns. they all want to be on camera asking the question about guns and it doesn't matter if somebody else has already asked the question five different times in five different ways, they're still going to ask it so they can get on camera. that's what's wrong with the press briefings. >> thank you very much for your tweet. >> if you go to the newseum web site and you look at what the country is talking about it is a rich quilt of different issues, different ideas that people around this country are discussing. and the washington press corps questions of one or two topics doesn't even big to cover -- begin to cover what reporters around this country are reporting on, talking about. that disconnect is really jarring, i think. >> bill: it is jarring. i remember as a reporter in los angeles and a comment tater in los angeles, covering preside
PBS
Jan 15, 2013 5:30pm PST
credit status if there's a delay in raising the debt ceiling. the federal government is expected to exceed its borrowing limit by march, unless congress acts. if fitch does downgrade u.s. debt, it would join standard and poor's, which took that action in 2011 during the last debt ceiling debate. the u.s. house moved to pass a hurricane sandy relief bill this evening. $17 billion would go for immediate recovery in the affected northeastern states. another $33 billion is for long- term spending. some republicans argued that much of the money isn't for emergency relief at all. california's tom mcclintock called for stripping that funding out. >> according to the congressional budget office, more than 90% of this money won't even be spent this year. that's not emergency relief. $16 billion is to quintuple the size of the community development block grant program. that's the slush fund that pays for such dubious projects as doggie day care centers and doesn't even have to be spent in the hurricane area. >> sreenivasan: other republican >> sreenivasan: other republicans joined with mos
FOX Business
Jan 15, 2013 11:00am EST
that is a laggard. hewlett-packard, american express, a few of the names coming under the pressure. the debt ceiling remains in focus. it is earning season. let's take a look at facebook. it is up about three quarters of 1%. it certainly has gained over the last half hour. we are getting closer and closer to the launch time. come and see what we are building. there is speculation that remains. the anticipation remains. dagen: trying to strategize on how to rein in government spending. connell: rich edson with all the details. rich: a very busy legislative day. they are dealing with this handy appropriation bill. republicans are discussing a number of different options. there is a major house republicans of that. their annual retreat takes place on wednesday. >> when does this budget balance? here is when the budget gets to balance if we adhere to these cuts. rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit
FOX News
Jan 20, 2013 3:00pm PST
tax-funded bailouts. period. >> years of spending under both parties add up and the debt ceiling talks of 2011 led to a budget attend off between democrats and republicans who took back control of the house of representatives in the midterms. >> is there a risk the united states could lose their aaa rating? yes-or-no. >> no risk. >> the debt ceiling was raised in august the political fight in the spot lighted on the deficit and debt problems less s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term and now he is stepping down. president obama's pick to replace him is jack lew, who has established a close relationship with the president. lew is not is chummy with republicans on the hill after the debt ceiling negotiation back in 2011. for that reason and others, his confirmation hearing could be bumpy. if confirmed, he will be dealing with the top issue in this second term, how to get the economy moving and addressing the country's long term fiscal problems. >> this is a president that is forced to grapple
CBS
Jan 15, 2013 7:00am PST
in the nation's $16.4 trillion debt ceiling due to expire in mid to late february. the nation's debt increased $5.8 trillion on mr. obama's watch. he's raised it four times, three in negotiations with congress. doesn't that suggest that we are going to go into a default situation because no one is talking to each other about how to resolve this? >> the fact of the matter is that we have never seen the debt ceiling used in this fashion where the notion was, you no he what? we might default unless we get 100% of what we want. that hasn't happened. >> reporter: house republicans like utah's jason chaffetz say the president is going to have to negotiate or preside over default. >> the president has to realize that republicans believe strongly you can't keep spending money the country doesn't have. >> reporter: though the showdown is at least six weeks out the president spoke gloomily of an economy. >> the republican in congress have two choices, act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will n
Current
Jan 16, 2013 3:00am PST
are not a deadbeat nation. we have to pay our bills. is he winning this debt ceiling battle? i know you have written about this on slate. >> i think he is winning intel correct annually and emotional and probably politically with the public but it remains to be seen what congress is going to do. we haven't seen a lot of engagement with congress yet. the debt ceiling somewhere between february 15th and the end of february, early march. we don't know quite exactly where it will be. we don't know whether john boehner and the republican house will look him in the eye and say we are not doing anything. it's a mystery right now. >> in fact, politico reported this week over housealf of house republicans say they are willing to shut the government down if they don't get the spending cuts that they are demanding as a price for raising the debt ceiling. >> that is what they are saying. it's still far enough out so that it could all be posturing. even if i accept it -- and i do -- that half of the house members actually believe that as we get closer, as the pressure builds, c
NBC
Jan 20, 2013 4:00pm PST
makes up 70% of the u.s. economic growth. the debt ceiling debate, presidential report card and quiet market rally. what does it mean for you money? joining us right now, jared bernstein, center on budget and policy priorities and chief economist to vice president biden. also with us, russ koesterich. thanks for joining us. >> thanks, maria. >> russ, let me kick it up with you. a pretty good rally. on thursday the s&p 500 hitting yet another five-year high. is this rally for real? do you think it's sustainable going forward as we continue through this earnings period? >> i think in the short term, it is. i think we're probably going to hit a road bump in february. the reason i say that is we've got a lot of flows coming into the market early in the year. people were nervous in december. they're coming back in to stocks. that's a good thing over the longer term. we do have some issues coming up. the debt ceiling obviously one of them. the second question is we start to get the economic data. how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which
CNN
Jan 16, 2013 9:00am PST
is up against republicans, he trying to work on the debt ceiling. you have the whole issue of whether or not the debt ceiling is going to be raised, whether or not that is going to be held hostage to actually paying the bills the government has to pay. you also talk about immigration reform. where does this fit in in terms of the president's priorities, do you think? >> well, from where i sat today, obviously it seems to be a very high priority for the president of the united states. i'll let the white house and the administration answer how they're going to deal with congress. that's their task, not mine. but i'm confident that the president, the vice president and the entire administration is going to do everything they can to get the package they proposed today through congress. and, you know, when you heard the president say, i think it's essential, american citizens, the american people have to demand this. we have to act. when you have 1,000 people nearly killed in last 30 days at the hands of gun, when you have mass tragedies like happened in connecticut, aurora, colorado, oreg
CNN
Jan 15, 2013 4:00am PST
to duke it out over the debt ceiling, one said we should get rid of it all together? does ben bernanke have a point? >> the nra releases a new target practice ap for kids as young as 4. >> we have a packed show for you this morning. mike thompson joins us and greg walden is our guest. the congressman and newly crowned miss america, mallory hagen will be joining us. tuesday, january 15th and starting point begins right now. . >>> welcome to starting point. after years and years of lying to the world, lance armstrong is finally coming clean. there report he's confessed to oprah winfrey and he used drugs to win his titles. sources say he is in talks to have some of the millions he was paid by the postal service to sponsor the tour. cnn's ed is live in austin, texas. let's talk about what he told oprah and what the next steps are for lance armstrong. >> the big question will be to what extent did he confess and how much detail is he going to offer? also from the standpoint of how did he offer it and what was the body language there? lance armstrong is an athlete who is vehement in his deni
MSNBC
Jan 14, 2013 6:00am PST
refused, saying they're refusing to negotiate over the debt ceiling. question is show, how do they enforce not negotiating when they have their own arcane plan b. over the weekend, the treasury didn't department took one of toews off the table. the trillion dollar platinum coin. senate democrats suggested another plan brk. they wrote in a letter to the president that if the republicans refused to raise the debt ceiling or agreed to do it as part of unbalanced legislation, then we believe you must be willing to take any lawful steps to ensure that america does not break its promises and trigger a global economic crisis without congressional approval if negative. so senate democrats are beg igi the white house to consider maybe it's the 14th amount md option. whatever it is, they're begging the white house to find a plan b. meanwhile, the republican leadership is quietly trying to push itself rank and file away from a debt ceiling showdown, believing the fight worth having is over funding the government in a potential government shutdown. the risk, if they use debt ceiling as the leverage po
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